Is there a simple way to fix the Error initializing the QBPOS application log?

Recently, while running the QuickBooks Point of Sale version, I stumbled upon an QuickBooks point of sale error initializing qbpos application log. Unfortunately, due to this Error I couldn’t access the QBPOS version, which delayed my ongoing work. I tried to edit the contents of the QBPOS shell folder and created a new Windows admin but none of the methods worked either. I tried consulting the Intuit experts to get the appropriate results, but still, they failed to clarify my doubt. The worst part is that after wasting several hours on call, I forgot to get an adequate response to my query. So, could you please share some valuable tips to rectify this issue?